Property Details
| Sold Price | $625,000 |
|---|---|
| Last Asking Price | $695,000 |
| Price per SqFt | $664 |
| Maintenance Fee | $696 Monthly |
| Property Taxes | $11,620 2017 |
| Interior Space | 941 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2011 |
| Closed Date | 12/21/2018 |
| MLS # | A10563037 |
Location
From the listing
Situated in the highly desirable South of Fifth neighborhood, the recently constructed Meridian 5 offers townhouse style living in a 20-unit boutique setting. This 2 bedroom 2 bathroom modern loft offers dramatic 20 foot double-height floor-to-ceiling windows providing an abundance of natural light throughout. Open kitchen with stainless steel appliances, wood flooring, and outdoor terrace. Pool, camera-secured building, and parking. Just a few blocks from the beach and best restaurants in South Beach. Unit can be rented monthly, 12 times per year, and provide great ROI.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $696 a month; taxes $11,620 for 2017. MLS figures, which may not be accurate.
Sales History for This Unit · Meridian 5 Lofts Unit 8
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11467433 | $875,000 | 1/31/24 |
| A1863958 | $525,000 | 2/20/14 |
What Other Units Have Been Selling For at Meridian 5 Lofts
1 unit sold at Meridian 5 Lofts in the last 12 months at an average of $1,076/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 15 | $1,090,000$1,076/SqFt | 84% | 8/19/26 |
| 16 | $870,000$914/SqFt | 92% | 10/31/25 |
| 8 | $875,000$930/SqFt | 97% | 1/31/24 |
| — | $835,000$913/SqFt | 93% | 8/14/23 |
| 10 | $750,000$798/SqFt | 100% | 5/3/22 |
| 15 | $1,280,000$1,264/SqFt | 95% | 5/2/22 |
| 15 | $625,000$617/SqFt | 89% | 3/29/21 |
| 16 | $625,000$657/SqFt | 93% | 8/11/17 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Douglas Elliman. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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Meridian 5 Lofts Unit 8, 421 Meridian Avenue · MLS A10563037 · Sold Dec 2018
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Meridian 5 Lofts
At Meridian 5 Lofts, 2 of 20 units are for sale and 1 sold in the last 12 months at an average of $1,076 per SqFt. Unit 8 sold at $664 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.